Net income in the quarter soared 18% to $27.2 million or $1.14 a diluted share compared to $23.2 million or 97 cents.

The company expects total revenue for the year between $2.7 billion and $2.75 billion and operating income margin in the range of 7.8% to 8% and diluted earnings per share between $5.60 and $5.80.

DSW Inc (DSW) plunged 7.2% or $3.42 to $43.78 after the discount footwear retailer reported sales in the third-quarter ending on November 2 climbed 6.8% to $633 million. Comparable store sales in the quarter fell 0.7%.

Net income in the quarter jumped 9.7% to $54.9 million or 60 cents a diluted share compared to $50.1 million or 55 cents.

The company estimated adjusted earnings per share for the year between $1.80 and $1.90 a share.

Hormel Foods Corporation (HRL) jumped 7.1% or $3.02 to $45.46 after the food processing company reported net sales in the fourth-quarter ending on October 27 jumped 7.1% to $2.3 billion.

Net earnings in the quarter climbed 19% to $157.3 million or 58 cents a diluted share compared to $132.6 million or 49 cents.

Hormel Foods forecasted earnings guidance for the year in the range of $2.17 to $2.27 per share.

The Menís Wearhouse, Inc (MW) climbed 5.7% or $2.68 to $49.75 after the specialty retailer proposed to acquire Jos. A. Bank Clothiers (JOSB) common stock for $55 a share in cash or enterprise value of about $1.2 billion.

Pall Corporation (PLL) gained 2.5% or $2.01 to $83.71 after the purification technology provider stated sales in the first-quarter ending in October grew 2% to $629.8 million.

Net earnings in the quarter tumbled 79% to $71.5 million or 63 cents a diluted share compared to $339.5 million or $2.92.

Palo Alto Networks Inc (PANW) soared 6.7% or $3.10 to $49.20 after the network security service provider said revenue in the first quarter ending in October surged 49% to $128.2 million.

Net loss in the quarter widened to $7.9 million or 11 cents a diluted share compared to $3.5 million or 5 cents.

Tiffany & Co (TIF) surged 8.2% or $6.67 to $87.66 after the jewelry retailer reported net sales in the third-quarter ending in October jumped 7% to $911 million. Comparable store sales in the quarter soared 7%.

Net earnings in the quarter surged 50% to $94.6 million or 73 cents a diluted share compared to $63.2 million or 49 cents.

Tiffany said total sales in the Americas region grew 4% to $417 million and Asia-Pacific region total sales climbed 27% to $238 million.

In Europe, total sales jumped 7% to $104 million. Sales in Japan declined 13% to $128 million mainly on weaker yen.

For the fiscal year, the company lifted net diluted earnings per share outlook in the range of $3.65 to $3.75 compared to previous outlook between $3.50 and $3.60 a diluted share and $3.25 a diluted share in 2012.